Tag Archives: electric utilities

Rooftop solar dims under pressure from utility lobbyists

Hiroko Tabuchi, THE NEW YORK TIMES

Some of the slowdown in smaller-scale rooftop solar has come in maturing markets in states like California, where rooftop solar companies are having trouble expanding their customer base beyond early adopters.

Over the past six years, rooftop solar panel installations have seen explosive growth — as much as 900 percent by one estimate.

That growth has come to a shuddering stop this year, with a projected decline in new installations of 2 percent, according to projections from Bloomberg New Energy Finance.

A number of factors are driving the reversal, from saturation in markets like California to financial woes at several top solar panel makers.

But the decline has also coincided with a concerted and well-funded lobbying campaign by traditional utilities, which have been working in state capitals across the country to reverse incentives for homeowners to install solar panels.

Utilities argue that rules allowing private solar customers to sell excess power back to the grid at the retail price — a practice known as net metering — can be unfair to homeowners who do not want or cannot afford their own solar installations.

Read more at: Rooftop Solar Dims Under Pressure From Utility Lobbyists – The New York Times

Filed under Climate Change & Energy, Sustainable Living

How electric utilities could revive their sagging fortunes and decarbonize the country

David Roberts, VOX

These are gloomy times for electric utilities. After more than a century of fairly steady and predictable growth, they have entered stagnant waters. Demand for electricity is sluggish. Distributed energy resources (solar panels, batteries, etc.) are chipping away at their market share. Climate activists are always yelling at them for burning so many fossil fuels. It’s no fun.

Despite the industry’s much-hyped “death spiral” — in which customers abandon utilities for distributed energy, prices rise on remaining customers, more customers leave, etc. — these troubles are probably not fatal. Even under aggressive projections, most electricity will come from utility-scale power plants through the middle of the century. Utilities will still be needed. But they do seem to be heading inexorably toward a much-diminished role, with much-diminished profits.

Still, buck up, utility execs, all is not lost! There is a possible future in which utilities become bigger and more important than ever. What’s more, it is a future in which they take the lead in decarbonizing the country.

They could be heroes.

That is the good news in a recent paper from research consultancy The Brattle Group. It outlines a scenario in which utilities thrive, greenhouse gas emissions decline, and everyone joins hands in song.

The key to everything (coincidentally, my long-time obsession) is electrification.

Read more at: How electric utilities could revive their sagging fortunes and decarbonize the country – Vox

Filed under Climate Change & Energy, Transportation